Brokerages raise targets as Eicher earnings beat estimates

Eicher Motors shares surged 7% to hit a record high of Rs 7,803 following strong Q3 earnings. The company reported a 22.9% rise in revenue and a 21% increase in PAT, while EBITDA jumped 30%. EBITDA margins improved to 25.5% from 24.2%, reflecting operational efficiency and premiumization benefits. Royal Enfield